If there’s one thing that drives freelancers and small business owners bonkers it’s chasing down late payments. It’s not only frustrating and time-consuming, but it also hurts your cash flow and throws your budget out-of-whack. Of course, there are simple ways to speed up the invoicing process, such as sending your client a detailed and […]

Regardless of the size or industry, if you’re a selling business there’s always two parties involved; the buyer and the seller. The buyer would be your customers who are looking to purchase goods or services, while the seller (or “vendor”) is the party that is extending the goods. In order to track inventory and sales, […]

When expanding into international markets there’s already a number of challenges to overcome, such as legal and regulatory issues. However, one of the most important issues to determine — is whether or not to accept multiple currencies. In the past, this was pretty complicated problem, since it involved exchange rates, security risks, and managing all […]

I’ve got some good news and some bad news for you — the bad is that if you accept payments, credit card processing fees are unavoidable. Those fees may not seem like much in the beginning, but overtime those costs will eventually start eating into your profits. And, that’s not ever good for your bottom […]

Did you know that by the end of 2017 there will be an estimated 2.6 billion smartphone users in the world? With the mobile revolution in full-swing, it’s easy to see why apps have become increasingly popular. In the palm of our hands, we can have a device that texts friends and family, updates our […]

Don’t get me wrong. I love living the freelance lifestyle. But, working from home can get exhausting at times. Sure. I can relocate temporarily to my favorite coffee shop or rent a shared office space from time-to-time. But, what most home-based businesses really need is a dedicated area. Unfortunately, I don’t have the extra space in […]

Where do we go from here, practically sounds like a couple breaking up — but these days, the number of small businesses that fail are asking that same question. Business partners and teams closet themselves in the boardroom or even crowd themselves into the server room so employees don’t hear chilling question asked, “Where do […]

Every company has their own system for billing their customers or clients for the products or services they have exchanged. One of the best ways to stay organized in terms of who owes you money is to use an invoicing system for all your client billing needs. An invoice is not only an effective communication […]

Our ultimate guide to invoicing infographic provides a wealth of knowledge and research about invoicing, including the previously favored paper invoicing process and the rapid migration to electronic, or online, invoicing. You can also follow the steps in pics at the end of this piece — to invoice your clients with ease. The Migration from […]

Whether you’re a freelancer or small business owner, growing revenue and maintaining cash flow should be two of your top priorities. That’s why it’s necessary for you to find clever ways to keep the cash flowing-in. One of the most overlooked ways to bring-in some extra cash is through tax deductions, specifically business mileage deductions for […]